“MORE REVENUE in ticketing”. My speech topic at the CTS EVENTIM Sports GmbH tennis workshop.
How we manage to do this successfully at many tennis tournaments is a matter of experience:
🔹 Focus on REVENUE-GENERATING activities
The most important thing for us is that we achieve clearly defined, measurable and data-based goals with event organizers.
Goal number 1: MORE REVENUE, of course. Who doesn't want that? We are passionate about this topic. And that's why our focus is always on revenue-generating activities. What do we mean by that?
1️⃣ Pricing strategy & dynamic pricing
The price structure at the start of the pre-sale is the key. Dynamic pricing is an important component here. We have our own algorithm and clear criteria by which we measure when we are optimally sold out and how we adjust the pricing based on buyer behavior in order to maximize sales.
2️⃣ Campaigns: We know which campaigns work and which don't. We like to transfer the things that work well to different tournaments and test new things constantly.
In both cases, the key to success depends on the ability to measure the results. Whether dynamic pricing or campaigns. Nothing is based on feeling. Data-based, measurable. It´s clear: success can be planned!
🔹 Avoid time-consuming tasks and slow processes
Our time is limited. That's why we have to set priorities. If we want to focus on revenue-generating activities, we need to organize our daily business as efficiently and quickly as possible. We and the tournament organizers save time by optimizing processes and communication. How do we achieve this?
1️⃣ Clients Ticketing Board
All information at a glance. Order free tickets, sponsor tickets, request promotion codes, view sales numbers. With us, every organizer has access to their individual ticketing board via our platform. This saves time for everyone and all steps can be traced afterwards.
2️⃣ Digital ticket for sponsors including explanatory video for sponsors and their guests. How happy sponsors are when they no longer have to download their tickets and coordinate them themselves? How easy can it be if they have their own account from which they can forward their tickets in seconds and keep track of everything? Yes... very easy 😉
We are passionate about what we do! Thanks to Michael Günther and your team for provide the opportunity for further education. 🎾 🙌
#ticketing #tennis #workshop
Sport, Gaming & Athlete Marketing Specialist | Founder at WeAreNinety | Board Advisor | ex EA SPORTS, FA, Chelsea and IMG
1wWell done team - WeAreNinety delighted to be included. 🤝